Pleased with the success, the college announced on Wednesday plans to hold its second dinner/auction Feb. 20 at the Sheraton Maitland at Interstate 4 and the Maitland Interchange.

Proceeds from the auction will be used for the college's Foundation Endowment Fund. The state matches $4 for each $6 raised. State Rep. Art Grindle, R-Altamonte Springs, who has been auctioneer at thousands of fund- raising events, will handle the night's bidding as he did last year.

The auction name reflects the items to be offered. Last year bidders bartered and earned complete trips to London and the Orient and a weeklong stay at a seaside villa in Mexico. Boats, garden windows and automobiles were auctioned along with VIP dinners, chauffeured limousines and crates of Zellwood Queensilver Corn. This year's event is expected to be as grand, a spokesman said.

One item that will be highlighted for bid this year is ''A Day at the Races,'' donated by Ron Worswick, of Certified Slings in Casselberry. Worswick, owner of a thoroughbred horse training camp in Tavares, provides bidders with a chance to own a favored horse in a high stakes race.

The high bidders share the owner's box during the race and if the horse places, they receive the owner's share of the purse. Six bidders pooled their funds last year and paid $4,200 for the chance, but the horse didn't place.

Tickets for the dinner, which is scheduled to start at 7 p.m. after a cash bar at 6 p.m., are $50 per person or $500 for a corporate table, which seats 10.

Tax-deductible donations from unusual dreams to merchandise and services are being accepted by the college. For information call the college at 843-7001 or 323-1450, Ext. 370.